Thai Airways International Public Company Limited (THAI) — Free Cash Flow Generation Index
Thai Airways International Public Company Limited (THAI) has a Free Cash Flow Generation Index of -3.46x as of September 2025. Free cash flow of ฿-1.15 Billion represents -3% of operating cash flow (฿332.90 Million). Explore capital reinvestment ratio of Thai Airways International Public Compan to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Thai Airways International Public Company Limited Free Cash Flow Generation Index (2000–2024)
Historical FCF Generation Index trend for Thai Airways International Public Company Limited across 23 annual periods. For the full cash flow conversion analysis, see Thai Airways International Public Compan cash flow conversion.
Annual Free Cash Flow Generation for Thai Airways International Public Company Limited (2000–2024)
Year-by-year Free Cash Flow Generation Index for Thai Airways International Public Company Limited. Check cash flow reinvestment rate of Thai Airways International Public Compan to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (THB) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.92x | ฿50.68 Billion | ฿55.23 Billion | ฿4.56 Billion | ▲ +4.0% |
| 2023 | 0.88x | ฿38.73 Billion | ฿43.90 Billion | ฿5.17 Billion | ▼ -11.1% |
| 2022 | 0.99x | ฿28.87 Billion | ฿29.11 Billion | ฿234.61 Million | ▲ +18.3% |
| 2019 | 0.84x | ฿11.38 Billion | ฿13.57 Billion | ฿3.34 Billion | ▲ +7.8% |
| 2018 | 0.78x | ฿13.53 Billion | ฿17.40 Billion | ฿3.82 Billion | ▼ -8.2% |
| 2017 | 0.85x | ฿20.07 Billion | ฿23.69 Billion | ฿3.59 Billion | ▼ -31.2% |
| 2016 | 1.23x | ฿30.26 Billion | ฿24.56 Billion | ฿5.70 Billion | ▲ +2.2% |
| 2015 | 1.21x | ฿22.39 Billion | ฿18.57 Billion | ฿3.82 Billion | ▼ -48.2% |
| 2014 | 2.33x | ฿14.00 Billion | ฿6.02 Billion | ฿7.98 Billion | ▲ +9.8% |
| 2013 | 2.12x | ฿54.54 Billion | ฿25.73 Billion | ฿28.80 Billion | ▲ +33.3% |
| 2012 | 1.59x | ฿49.55 Billion | ฿31.16 Billion | ฿18.39 Billion | ▼ -32.2% |
| 2011 | 2.35x | ฿21.50 Billion | ฿9.17 Billion | ฿12.34 Billion | ▲ +75.2% |
| 2010 | 1.34x | ฿37.85 Billion | ฿28.27 Billion | ฿9.58 Billion | ▼ -15.0% |
| 2009 | 1.58x | ฿44.95 Billion | ฿28.52 Billion | ฿16.43 Billion | ▼ -45.3% |
| 2008 | 2.88x | ฿32.77 Billion | ฿11.37 Billion | ฿21.40 Billion | ▲ +59.5% |
| 2007 | 1.81x | ฿49.74 Billion | ฿27.52 Billion | ฿22.22 Billion | ▼ -4.2% |
| 2006 | 1.89x | ฿43.04 Billion | ฿22.81 Billion | ฿20.23 Billion | ▼ -43.8% |
| 2005 | 3.36x | ฿65.61 Billion | ฿19.54 Billion | ฿46.06 Billion | ▲ +80.9% |
| 2004 | 1.86x | ฿51.16 Billion | ฿27.57 Billion | ฿23.60 Billion | ▲ +55.1% |
| 2003 | 1.20x | ฿27.86 Billion | ฿23.28 Billion | ฿4.58 Billion | ▲ +1.1% |
| 2002 | 1.18x | ฿30.26 Billion | ฿25.56 Billion | ฿4.69 Billion | ▼ -16.3% |
| 2001 | 1.41x | ฿9.42 Billion | ฿6.66 Billion | ฿2.76 Billion | ▼ -7.2% |
| 2000 | 1.52x | ฿35.11 Billion | ฿23.04 Billion | ฿12.07 Billion | — |